Nonfarm payrolls grew 92,000 during July. The increase was a bit below the Consensus forecast for a 128,000 rise and the prior two months' gains were revised slightly downward. The three month change in payrolls slowed to 135,000 on [...]
Introducing
Tom Moeller
in:Our Authors
Prior to joining Haver Analytics in 2000, Mr. Moeller worked as the Economist at Chancellor Capital Management from 1985 to 1999. There, he developed comprehensive economic forecasts and interpreted economic data for equity and fixed income portfolio managers. Also at Chancellor, Mr. Moeller worked as an equity analyst and was responsible for researching and rating companies in the economically sensitive automobile and housing industries for investment in Chancellor’s equity portfolio. Prior to joining Chancellor, Mr. Moeller was an Economist at Citibank from 1979 to 1984. He also analyzed pricing behavior in the metals industry for the Council on Wage and Price Stability in Washington, D.C. In 1999, Mr. Moeller received the award for most accurate forecast from the Forecasters' Club of New York. From 1990 to 1992 he was President of the New York Association for Business Economists. Mr. Moeller earned an M.B.A. in Finance from Fordham University, where he graduated in 1987. He holds a Bachelor of Arts in Economics from George Washington University.

Publications by Tom Moeller
Global| Aug 03 2007July Payrolls a Bit Light, Revisions Minor
by:Tom Moeller
|in:Economy in Brief
Global| Aug 02 2007U.S. Factory Inventory Growth Recovered
Factory inventories rose 0.3% during June following a 0.4% gain during May. While moderate, the increases are up from the 0.1% three month average growth ended February. Growth in primary metals inventories picked up during the past [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 02 2007U.S. Vehicle Sales Suffer Housing Market Woes
During July, U.S. sales of light vehicles fell for the seventh consecutive month this year. The decline was attributed by manufactures to spillover effects from weak housing & construction activity. The 0.4% m/m decline to an [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 02 2007U.S. Claims for Unemployment Insurance Rose Slightly
Initial unemployment insurance claims rose slightly last week. The 4,000 increase to 307,000 was the first uptick in five weeks. It followed an upwardly revised no change w/w during the prior period. A claims level below 400,000 [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 01 2007A
by:Tom Moeller
|in:Economy in Brief
Global| Aug 01 2007Mortgage Applications Down Again
The total number of mortgage applications ticked down 0.3% last week following the 3.6% decline the week prior, according to the Mortgage Bankers Association. Purchase applications dropped another 1.8% after the prior week’s 5.0% [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 01 2007Challenger Layoffs Retreated
Challenger, Grey & Christmas reported that job cut announcements in July fell to the lowest level in a year, and that was the lowest level since 2000. The 23.1% m/m decline to 42,897 announcements followed a 21.6% decline during June. [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 01 2007ADP Report: Growth in Private Payrolls Eased
The ADP Nat'l Employment Report, reported by the payroll processor, indicated that private nonfarm payrolls rose just 48,000 last month. The increase was the smallest since 2003. The U.S. Bureau of Labor Statistics employment figure [...]
by:Tom Moeller
|in:Economy in Brief
Global| Aug 01 2007ISM Index Down Sharply
The Institute of Supply Management (ISM) reported that the Composite Index of activity in the manufacturing sector fell sharply to 53.8 from 56.0 during June. Consensus expectations for a lesser dip to 55.5 and the decline reversed [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 31 2007Consumer Confidence Rebounded
Consumer confidence rebounded in July, according to the Conference Board Survey. The 6.9% increase recovered the 2.9% June decline and brought the index to its highest level since 2001. The present conditions reading rose 7.2% as the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 31 2007U.S. Employment Cost Index Up an Expected 0.9%
For private industry workers, the employment cost index rose an expected 0.9% last quarter. The gain followed a more modest 0.6% 1Q increase that was held back by a 0.3% decline in benefits costs. Benefit costs rebounded 1.1% from the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Jul 31 2007U.S. Personal Income About On Forecast, Core Prices Again Up 0.1%
Personal income rose 0.4% last month, the same as during May. The June increase about matched Consensus expectations for a 0.5% gain. The June increase at 6.1% y/y left income growing near the rate of increase during the last three [...]
by:Tom Moeller
|in:Economy in Brief
- of1081Go to 845 page

